Philanthropy News Report

Provided as a service of Bentz Whaley Flessner

Wednesday, March 19, 2008

Breaking the Silence

Dal LaMagna, founder of the Tweezerman company, plans to leave his wealth to his children in the form of charitable trusts.

With the largest intergenerational transfer of wealth in American history now under way — the Boston College Center on Wealth and Philanthropy has estimated that $41 trillion will change hands by 2052 — Mr. LaMagna and others are reconsidering the meaning of inheritance, thinking not just about the money but about the values they want to pass with it.

Full-text article by John Leland via The New York Times, 3.18.08.

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